Dear Experts
Last week we have Import the Capital goods from UK in India & the same is received in damaged condition.now we want to return the same to our overseas supplier for repair/replacement. we have not taken cenvat credit on it. you are requested to please suggest me the correct procedure have to be followed by me for excise & customs at your earliest possible.
Thanks with regards
SHIVKUMAR SHARMA
Returning Damaged Imported Goods: Key Conditions for Re-Export Under CBEC Circular No. 15/2011-CUS Explained A forum participant sought advice on returning damaged imported capital goods to the overseas supplier for repair or replacement. An expert advised that re-export of defective goods is allowed under certain conditions outlined in CBEC's Circular No. 15/2011-CUS. Key conditions include re-export from the same port within six months, verification of goods' identity, and issuance of a re-credit certificate. The re-credit amount can be used up to 98%, valid for six months. Additionally, a specific customs form must be submitted to obtain permission for re-export, detailing the goods and their intended sale or disposal. (AI Summary)
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